As reported in Insurance Insider, the London and International Insurance Brokers Association has complained to Lloyd’s chief executive Richard Ward. It feels marginalised from a £10m IT project to restructure the world’s largest insurance market.

This isn’t the first time Dr Ward and the brokers have clashed. In a January interview he said: “You’ll see the underwriters wandering around the market place with slipcases under their arms.”

Emails correcting him flooded in – it’s the brokers who use slipcases not the underwriters, silly.

But my man on Lime Street is feeling benevolent: “On this occasion let’s give the good doctor the benefit of the doubt. Given his previous howler, he probably thought he had consulted the brokers.”

GREAT work UKTI

More than 200 media darlings air kissed their way through this week’s Global Business Summit for Creative Services.

UK Trade & Investment is running the series of summits alongside the its inward investment campaign, modestly titled, GREAT.

But yesterday’s session didn’t pass gaffe-free.

Prior to his keynote speech, Sony chairman Sir Howard Stringer, who moved upstairs from being chief executive in February, was introduced as the tech company’s chairman and CEO, who was “appointed to turn the company around”.

There was no mention of CEO, Kazuo Hirai, who replaced Sir Howard back in February or Sony’s share price slide from highs of ¥1973 on August 2, 2011 to lows of ¥960 yesterday – what a GREAT turn around.

Are those Speedos too tight?

Who will take gold in the Olympic bandwagon race?

On day five Speedo is out in front. Research by the swimwear brand has found a panel of swimmers recommend swimming as a way of relaxing and keeping fit. Hardly watertight analysis.